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China Tangshang Swings to Loss in Fiscal H1; Shares Slide 5%
CHINA TANGSHANG: Interim Report 2024
Investors Appear Satisfied With China Tangshang Holdings Limited's (HKG:674) Prospects As Shares Rocket 38%
China Tangshang (00674.HK) recorded a mid-term profit of approximately 0.328 billion Hong Kong dollars, a decrease of about 58.1% year-on-year.
Grain 11月28日 - China Tangshang (00674.HK) announced that for the six months ended September 30, 2024, the group recorded revenue of approximately 328,200,000 Hong Kong dollars, a decrease of about 58.1% year-on-year, and recorded a loss of about 41,800,000 Hong Kong dollars, compared to a profit of about 100,300,000 Hong Kong dollars in the same period of 2023. The increase in losses is mainly due to the decrease in revenue from property development business and the decrease in fair value of completed properties held for sale during the period.
Express News | China Tangshang - Hy Loss HK$41.8 Mln
Express News | China Tangshang Holdings H1 Revenue HKD 328.2 Million
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